KAFDKing Abdullah Financial District (Riyadh, Saudi Arabia)
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Nour Khrais, chairman of the Jordan Gaming Lab, one of the KAFD programmes, said revenues of the digital gaming industry are on the rise, especially revenues of games developed for mobiles and tablets as they are expected to reach $65 billion by 2016, which is three times higher than the volume in 2011.
Contractors working on KAFD include some of Saudi Arabia's largest firm, such as Saudi Binladen Group, El Seif, Nesma, Al-Fanar, Saudi Systra, Cityscape (for landscaping), and Al-Bawani.
The KAFD project team did a case study, which drew a comparison between the power consumption requirements of the air-cooled cooling system and the DC system.
Otis double-deck elevators will play a critical role at both the KAFD World Trade Centre and GCC Bank Headquarters.
Mohammad Bin Abdullah Al Kharashi, governor of Public Pension Agency -- KSA, said, "Cityscape Riyadh is an important platform for us to understand the interest of people in real estate and strategically position KAFD within the capital's growth plans.
During the past few years, by organizing National Competitions, Workshops and Conferences and Events, QRCE managed to promote the entrepreneurial culture in Jordan through the support and partnerships with organizations such as KAFD, KADDB, NAFES, PSUT, Orange, Google, USAID/SABEQ, YEA, RJ, Endeavour and many others.
KAFD will house a large community of professionals working within the financial sector and related industries, hosting the headquarters of the Capital Market Authority (CMA), the Stock Exchange (Tadawul), the Commodity Market, banks, financial institutions and other service providers.
KAFD is an NGO working to provide new and innovative economic opportunities that can improve the living standards of the underprivileged.
A foreign magazine slammed the project, saying that the KAFD "is a sober alternative to Dubai's exuberant International financial center.
Delivery of some of the buildings within KAFD have been further delayed to 2016 and ITCC is expected to be completed later this year," the firm said in its Q1 2015 market report.
IHG currently operates 24 hotels in Saudi Arabia and is set to open an additional nine hotels in the next three to five years, including InterContinental Riyadh King Abdullah Financial District (KAFD) and Hotel Indigo Riyadh KAFD , which will mark the entrance of the Hotel Indigo brand into the Middle East market
66 million sq m will be the full amount added on final completion of KAFD.